Balance Sheet Insights: United States Steel Corp. (X)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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In the latest session, United States Steel Corp. (NYSE: X) closed at $38.23 up 0.61% from its previous closing price of $38.00. In other words, the price has increased by $0.61 from its previous closing price. On the day, 1.63 million shares were traded. X stock price reached its highest trading level at $38.45 during the session, while it also had its lowest trading level at $38.04.

Ratios:

For a deeper understanding of United States Steel Corp.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.14 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.37.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on May 06, 2024, Upgraded its rating to Overweight and sets its target price to $48 from $51 previously.

On April 09, 2024, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $46.

Morgan Stanley Downgraded its Overweight to Equal-Weight on February 15, 2024, whereas the target price for the stock was revised from $40 to $51.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 18 ’23 when BURRITT DAVID B sold 252,458 shares for $50.01 per share. The transaction valued at 12,626,182 led to the insider holds 581,609 shares of the business.

Brown Daniel R sold 5,000 shares of X for $248,850 on Dec 18 ’23. The SVP Adv. Tech. Steelmaking now owns 86,968 shares after completing the transaction at $49.77 per share. On Nov 24 ’23, another insider, Brown Daniel R, who serves as the SVP Adv. Tech. Steelmaking of the company, sold 5,000 shares for $35.00 each. As a result, the insider received 175,000 and left with 91,968 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, X now has a Market Capitalization of 8596015104 and an Enterprise Value of 10815000576. As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.26, and their Forward P/E ratio for the next fiscal year is 12.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 0.61 whereas that against EBITDA is 5.862.

Stock Price History:

The Beta on a monthly basis for X is 2.00, which has changed by 0.7244023 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, X has reached a high of $50.20, while it has fallen to a 52-week low of $20.40. The 50-Day Moving Average of the stock is -5.14%, while the 200-Day Moving Average is calculated to be 0.17%.

Shares Statistics:

For the past three months, X has traded an average of 4.08M shares per day and 2059160 over the past ten days. A total of 223.67M shares are outstanding, with a floating share count of 221.29M. Insiders hold about 1.58% of the company’s shares, while institutions hold 84.22% stake in the company. Shares short for X as of 1714435200 were 19076034 with a Short Ratio of 4.67, compared to 1711584000 on 19686905. Therefore, it implies a Short% of Shares Outstanding of 19076034 and a Short% of Float of 8.55.

Dividends & Splits

According to the company, the forward annual dividend rate for X is 0.20, from 0.2 in the trailing year. Against a Trailing Annual Dividend Yield of 0.005263158The stock’s 5-year Average Dividend Yield is 0.85.

Earnings Estimates

Investors are keenly observing as 4.0 analysts analyze and rate the current performance of United States Steel Corp. (X) in the stock market.On average, analysts expect EPS of $0.89 for the current quarter, with a high estimate of $1.09 and a low estimate of $0.73, while EPS last year was $1.92. The consensus estimate for the next quarter is $0.77, with high estimates of $0.96 and low estimates of $0.66.

Analysts are recommending an EPS of between $3.47 and $2.87 for the fiscal current year, implying an average EPS of $3.18. EPS for the following year is $3.32, with 4.0 analysts recommending between $3.89 and $2.62.

Revenue Estimates

A total of 2 analysts believe the company’s revenue will be $4.01B this quarter.It ranges from a high estimate of $4.21B to a low estimate of $3.81B. As of the current estimate, United States Steel Corp.’s year-ago sales were $5.01BFor the next quarter, 2 analysts are estimating revenue of $3.92B. There is a high estimate of $4.05B for the next quarter, whereas the lowest estimate is $3.78B.

A total of 4 analysts have provided revenue estimates for X’s current fiscal year. The highest revenue estimate was $16.53B, while the lowest revenue estimate was $15.57B, resulting in an average revenue estimate of $16.28B. In the same quarter a year ago, actual revenue was $18.05BBased on 4 analysts’ estimates, the company’s revenue will be $17.14B in the next fiscal year. The high estimate is $17.79B and the low estimate is $16.36B.

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